1995 in basketball
Championships
Professional
- Men
- *1995 NBA Finals: Houston Rockets over the Orlando Magic 4-0. MVP: Hakeem Olajuwon
- ** 1995 NBA Playoffs
- **1994–95 NBA season
- **1995 NBA Draft
- *Eurobasket: Yugoslavia 96, Lithuania 90
- Women
- *Eurobasket Women: Ukraine def. Italy
College
- Men
- *NCAA
- **Division I: UCLA 89, Arkansas 79
- **NIT: Virginia Tech def. Marquette University
- **Division II: University of Southern Indiana 71, UC Riverside 63
- **Division III: Wis.-Platteville 69, Manchester 55
- *NAIA
- **Division I Birmingham-Southern College AL 92, Pfeiffer University NC 76
- **Division II Albertson 81, Whitworth 72 OT
- *NJCAA
- **Division I Sullivan College, Louisville, KY 103, Allegany CC, Cumberland, MD 98 O/T
- **Division II Penn Valley CC, Mo. 93, Kishwukee CC, Ill. 88
- **Division III Sullivan County CC 74, Gloucester County College 63
- Women
- *NCAA
- **Division I: University of Tennessee 83, University of Georgia 65
- **Division II: North Dakota State 104, Shippensburg 78
- **Division III: Wis.-Oshkosh 66 Mount Union 50
- *NAIA
- **Division I: Southern Nazarene 80, Southeastern Oklahoma State University 79
- **Division II Western Oregon 80, Huron 77
- *NJCAA
- **Division I Trinity Valley CC 69, Independence CC 55
- **Division II Lansing CC 74, Kankakee CC 68
- **Division III Central Lakes College-Brainerd 71, Monroe CC 57
Awards and honors
Professional
- Men
- *NBA Most Valuable Player Award: David Robinson, San Antonio Spurs
- *NBA Rookie of the Year Award: Grant Hill, Detroit Pistons ; Jason Kidd, Dallas Mavericks
- *NBA Defensive Player of the Year Award: Dikembe Mutombo, Denver Nuggets
- *NBA Coach of the Year Award: Del Harris, Los Angeles Lakers
Collegiate
- Men
- *John R. Wooden Award: Ed O'Bannon, UCLA
- *Naismith College Coach of the Year: Jim Harrick, UCLA
- *Frances Pomeroy Naismith Award: Tyus Edney, UCLA
- *Associated Press College Basketball Player of the Year: Joe Smith, Maryland
- *NCAA Basketball Tournament Most Outstanding Player: Tony Delk, Kentucky
- *Associated Press College Basketball Coach of the Year: Kelvin Sampson, Oklahoma
- *Naismith Outstanding Contribution to Basketball: Victor Bubas
- Women
- *Naismith College Player of the Year: Rebecca Lobo, Connecticut
- *Naismith College Coach of the Year: Geno Auriemma, Connecticut
- *Wade Trophy: Rebecca Lobo, Connecticut
- *Frances Pomeroy Naismith Award: Amy Dodrill, Johns Hopkins
- *Associated Press Women's College Basketball Player of the Year: Rebecca Lobo, Connecticut
- *NCAA Basketball Tournament Most Outstanding Player: Rebecca Lobo, UConn
- *Basketball Academic All-America Team: Rebecca Lobo, UConn
- *Carol Eckman Award: Ceal Barry, Colorado
- *Associated Press College Basketball Coach of the Year: Geno Auriemma, Connecticut
- Class of 1995:
- *Kareem Abdul-Jabbar
- *Anne Donovan
- *John Kundla
- *Vern Mikkelsen
- *Cheryl Miller
- *George Yardley
Movies
- The Basketball Diaries
- Slam Dunk Ernest
Births
- February 25 — Mario Hezonja, Croatian professional basketball player for Orlando Magic
Deaths
- January 7 — Art Stoefen, American NBL player
- January 18 — Cliff Fagan, former president of the Basketball Hall of Fame
- February 12 — Nat Holman, Hall of Fame player for the Original Celtics and coach of the 1950 NCAA and NIT champion CCNY Beavers
- February 20 — Margaret Wade, women's player and coach at Delta State University
- March 16 — Art Mollner, member of 1936 US Olympic championship team
- April 4 — Joe Richey, All-American at BYU
- April 13 — Mal McMullen, American NBA player
- April 17 — Jay McCreary, American college coach
- April 28 — Walter Devlin, American NBA player
- May 25 — Krešimir Ćosić, Hall of Fame Croatian player. First foreign player to earn collegiate All-American status while at Brigham Young University
- June 12 — Pierre Russell, American ABA player
- July 21 — Tarzan Woltzen, American NBL player
- July 23 — Chuck Hanger, America AAU player
- August 21 — Hal Cihlar, American NBL player
- August 25 — John Mills, American BAA player
- November 3 — Cookie Cunningham, American college coach
- December 12 — Jack Friel, American college coach